Plainsboro Nonprofit Housing Corporation

Plainsboro Nonprofit Housing Corporation is a dedicated organization located in Princeton, New Jersey. Their primary mission is to provide low-income and moderate-income housing options within Plainsboro Township. The corporation has played a significant role in constructing a 126-unit rental complex, all of which are reserved for those who fall under these income categories. Beyond housing, the organization also monitors affordable housing and provides consultative services for Plainsboro Township on related matters. In 2012, the township transferred funds to the corporation for the administration of various grants. These grants have been utilized for installing energy-efficient systems, offering down payment assistance, maintaining affordability restrictions, and purchasing market homes to refurbish and resell as affordable housing units. The corporation's commitment to affordable housing in Plainsboro Township continues to make a substantial impact on the local community.

Plainsboro Nonprofit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plainsboro Nonprofit Housing Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $226,956

For more financial information, click here

The Plainsboro Nonprofit Housing Corporation's primary mission is to provide low and moderate income housing options. This organization strives to make a significant impact in the housing sector by constructing and managing affordable housing units. In addition to this, the corporation also consults and provides expertise on affordable housing issues within the community. In 2012, the organization received funds to enhance energy efficiency in affordable homes, offer down payment assistance, maintain affordability restrictions during foreclosures, and purchase and refurbish market homes to resell as affordable housing options with restrictions.

Bobbie Schott is the Vice Chair of Plainsboro Nonprofit Housing Corporation.

Plainsboro Nonprofit Housing Corporation's revenue in 2022 was $1,679,954.

The Plainsboro Nonprofit Housing Corporation’s most recent form 990 was submitted in 2022 and can be accessed here